- The macroeconomic outlook remains robust, but there are vulnerabilities linked to tighter access to international financing and uncertain aggregate demand, underlining the importance of a credible fiscal consolidation path to ensure medium-term stability. (See more: Public Finance Review, 2023)
- Benin's geographical position, as a neighbor of Nigeria and gateway to the Sahel, is a considerable economic asset that could ensure dynamic growth in the medium term. (See more: Country Economic Memorandum, 2023)
- Maritime and road infrastructure still falls short of its potential, but work to develop multimodal solutions, particularly around dry ports, will enable us to absorb increased flows and deliver greater added value.
- Better execution of investment and maintenance of the national transport infrastructure will help to reduce spatial inequalities and enhance local production, particularly with the fragile northern regions of the country.
- The need for massive investment in infrastructure represents an opportunity to anticipate the consequences of climate change on transport networks, by ensuring access to the most vulnerable areas and protecting existing capital.
Place de l’Amazone, Cotonou. Photo: Shutterstock
The macroeconomic outlook remains robust, but there are vulnerabilities linked to tighter access to international financing and uncertain aggregate demand, underlining the importance of a credible fiscal consolidation path to ensure medium-term stability.